Cryptocurrency news

• US Congressman Calls for Ban on Crypto Buying and Mining

  18-07-2018 23:35
  A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.
  
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• Billionaire Hedge Fund Manager Ken Griffin Slams Bitcoin

  18-07-2018 23:10 via newsbtc.com
  The co-founder and manager of the money management firm Citadel has voiced his grievances with Bitcoin. Ken Griffin stated today that none of his portfolio managers are interested in exposure to digital assets.
  Ken Griffin: “I Still Scratch My Head About Bitcoin”
  It’s very rare here at NewsBTC that we get to report on a prominent figure from traditional finance proclaiming their love of Bitcoin. Today is no exception.
  Ken Griffin of Citadel spoke at the eighth annual Delivering
  
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• U.S. Congress Strikes Positive Tone on Cryptocurrency in Latest Hearing

  18-07-2018 23:05
  A congressional hearing before the U.S. House Committee on Agriculture today struck a positive tone towards the impact that cryptocurrency and digital assets can have for the economy and processes. The hearing included academics, engineers, and entrepreneurs in the cryptocurrency industry. They included: Mr. Joshua Fairfield, William Donald Bain Family Professor of Law, Washington and Lee
  The post U.S. Congress Strikes Positive Tone on Cryptocurrency in Latest Hearing appeared first on CCN
  
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• Binance Invests in World’s First Decentralized Bank

  18-07-2018 23:00 via crypto-news.net
  The push for inclusion of cryptocurrency & blockchain companies in the mainstream financial industry is one that has been picking up pace, and now it got a new twist. On the blockchain island of Malta, a number of key players in the cryptocurrency industry have come together to lay the groundwork for what is going to be the world’s first fully decentralized bank. It will be owned by virtual currency owners who invest in the equity token sale. One of the key investors is the cryptocurre
  
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• French Startup Offers Idle Servers Part-Time Job to Power Ethereum DApps

  18-07-2018 22:40 via cointelegraph.com
  Idle servers can earn money for their owners in their spare time, powering Ethereum DApps #SPONSORED
  
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• Bitcoin Not a Real Currency, Risky for ‘Unsophisticated Investors’: Fed Chair Powell

  18-07-2018 22:08
  The head of the U.S. Federal Reserve warned Congress that bitcoin and other cryptocurrencies are dangerous to “unsophisticated investors” and should not be considered real currencies. Fed Chair Powell Criticizes Cryptocurrencies Jerome Powell, who became Fed chair in February, succeeding fellow cryptocurrency critic Janet Yellen, said on Capitol Hill that “relatively unsophisticated investors see the
  The post Bitcoin Not a Real Currency, Risky for ‘Unsophisticated Investo
  
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• Cryptocurrency Bull Tom Lee Pinpoints a Bitcoin Moon Boom

  18-07-2018 22:00 via newsbtc.com
  Right after Tuesday morning’s run-up, CNBC hosted a premier Bitcoin and cryptocurrency analyst to shine a light on why Bitcoin could see further moves to the upside.
  Fundstrat Analyst Says Bitcoin Sitting 30% Under 200 Day MA is Positive
  On Tuesday, Tom Lee, the head of research at Fundstrat Global Advisors, made an appearance on the CNBC’s ‘Fast Money’ segment following Bitcoin’s rapid run-up from $6,700 to $7,400.#Bitcoin had its best day in three months and @Fund
  
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• Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

  18-07-2018 21:20
  The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.
  
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• Huge Inflow into Crypto Investment Fund Despite Bear Market

  18-07-2018 21:00 via newsbtc.com
  Crypto investment fund Grayscale has revealed it received record-breaking inflows of money during the first six months of 2018 even though the price of Bitcoin crashed from $20,000 to $7,000.
  Crypto Fund Receives Strong Backing
  Grayscale Investments released their first Digital Asset Investment report, which showed a large influx of money into their crypto investment funds. From January to June, they amassed $248.4 million in new assets, which will add to their $2 billion portfolio. This is the
  
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• Winkelvoss Twins Donate Thousands to Governor of New York

  18-07-2018 20:41
  Shortly afterwards, their cryptocurrency exchange received a key approval from the New York watchdog.
  
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• Trade.io Hires Former FXPRIMUS, FXDD Executive David Hannigan as Chief Dealer

  18-07-2018 20:37
  David will be tasked with risk management department and also responsible for building OTC Desk.
  
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• US House Hearing: Crypto Presents a Challenge Beyond Hard and Fast Asset Classifications

  18-07-2018 20:31 via cointelegraph.com
  Witnesses at the a hearing before the U.S. House of Agriculture Committee today argued that digital assets require an agile regulatory approach because of their mutability
  
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• Crypto Presents a Challenge Beyond Hard and Fast Asset Classifications, Say Speakers at US House Committee Hearing

  18-07-2018 20:31 via cointelegraph.com
  Witnesses at the a hearing before the U.S. House of Agriculture Committee today argued that digital assets require an agile regulatory approach because of their mutability
  
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• Citadel CEO Says Bitcoin Is Still a ‘Head Scratcher,’ Tells Young Generation to Stay Away

  18-07-2018 20:10 via cointelegraph.com
  Citadel CEO said he wishes the new generation would “do something more productive” than investing in crypto, calling it useless
  
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• Is India About To Reverse Its Crypto Trade Ban?

  18-07-2018 20:05 via cointelegraph.com
  India might drop its crypto ban by the end of the week — on July 20, the Supreme Court will review the controversial measure
  
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• Mark Lasry Believes Bitcoin is Heading for $40,000, Invests 1% of Net Worth

  18-07-2018 20:00 via newsbtc.com
  An executive at the Avenue Capital Group has today stated that he thinks Bitcoin will eventually outperform its 2017 highs. Mark Lasry claimed that the asset is moving into the mainstream further and the launching of extra trading platforms will help drive the price to previously unseen levels.
  Hedge Fund Manager Holds 1% of Personal Net Worth in Bitcoin
  Mark Lasry spoke to CNBC’s “Squawk Box” earlier today. On the segment, the Moroccan-born hedge fund manager told presenters t
  
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• CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules

  18-07-2018 19:26
  LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.
  
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• Stellar (XLM) Skyrockets 30% to Reach 2 Month-High

  18-07-2018 19:21
  Stellar Lumens surged to the top of the cryptocurrency gainers on Wednesday as the price soared to a two-month high of around $0.31 at press time. At 18:00CET on Binance the price was $0.30 with turnover exceeding the $24 million mark – a clear indicator that there was huge interest in the coin from investors.
  The post Stellar (XLM) Skyrockets 30% to Reach 2 Month-High appeared first on CCN
  
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• Most ICOs Retain Centralized Control, Break Whitepaper Promises, Academic Report Shows

  18-07-2018 18:35 via cointelegraph.com
  ICO whitepaper promises apt to be broken, says new report from UPenn Law School
  
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• ContentBox (BOX) Launches Exclusively on Huobi Pro and Jumps 200% on First Day of Trading

  18-07-2018 18:22
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post ContentBox (BOX) Launches Exclusively on Huobi Pro and Jumps 200% on First Day of Trading appeared first on CCN
  
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• Mining Malware Now a Bigger Threat than Ransomware, Says Report

  18-07-2018 18:15
  Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm.
  
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• Bitcoin Investment Trust Creator Adding $10 Million in New Investments Every Week

  18-07-2018 18:11
  Grayscale Investments, the fund provider behind the Bitcoin Investment Trust (OTC: GBTC), said that it is onboarding nearly $10 million in new investments every week, and the majority of that capital is coming from institutional investors. The New York-based firm, a wholly-owned subsidiary of the Digital Currency Group, made the announcement in its newly-released Digital
  The post Bitcoin Investment Trust Creator Adding $10 Million in New Investments Every Week appeared first on CCN
  
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• Blue Whale Foundation – Powering Smart Cities and Championing the Sharing Economy

  18-07-2018 18:08
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post Blue Whale Foundation – Powering Smart Cities and Championing the Sharing Economy appeared first on CCN
  
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• Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See Green

  18-07-2018 17:55 via cointelegraph.com
  Crypto markets keep climbing today, with 98 out of 100 top altcoins by market cap in the green
  
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• Immortality Meets the Blockchain

  18-07-2018 17:44
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post Immortality Meets the Blockchain appeared first on CCN
  
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• Cyclean: Creating a Healthier Ecosystem with Blockchain Technology

  18-07-2018 17:39
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post Cyclean: Creating a Healthier Ecosystem with Blockchain Technology appeared first on CCN
  
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• Ethereum Client Removes Graphical Interface in Major Upgrade

  18-07-2018 17:15
  Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).
  
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• Ethereum Client Parity Drops Wallet Tech in Major Upgrade

  18-07-2018 17:15
  Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).
  
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• China to Lead International Standardization Research Group for IoT, Blockchain Tech

  18-07-2018 17:06 via cointelegraph.com
  China to lead new research group for IoT and blockchain, promoting international standardization
  
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• Nervos Raises US$28M Series A from Polychain, Sequoia for Enterprise dApps Blockchain Platform

  18-07-2018 17:03 via feedproxy.google.com
  
  Chinese blockchain startup Nervos has raised US$28 million in a Series A funding round from Polychain Capital, Sequoia China, and others, to develop a hybrid blockchain network for enterprises decentralized applications (dApps). The new capital will be used to grow its product and engineering teams, accelerate development of its enterprise blockchain solutions, and ramp up […]
  The post Nervos Raises US$28M Series A from Polychain, Sequoia for Enterprise dApps Blockchain Platform appeared
  
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• Bitcoin Price Could Reach $40,000 Within Years: Billionaire Marc Lasry

  18-07-2018 16:59
  Another billionaire has officially jumped on the bitcoin bandwagon. The latest addition to the burgeoning group of bitcoin billionaires is Marc Lasry, the co-founder of Avenue Capital Group, an investment firm with $9.6 billion in assets under management. Speaking with CNBC, Lasry — who is also a co-owner of the NBA’s Milwaukee Bucks — said
  The post Bitcoin Price Could Reach $40,000 Within Years: Billionaire Marc Lasry appeared first on CCN
  
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• Crypto Exchange to Target African Market by Offering Low Transaction Fees

  18-07-2018 16:45 via cointelegraph.com
  A new crypto exchange is taking on established rivals by offering lower fees as it targets Africa and other developing markets where millions of people are unbanked #SPONSORED
  
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• KnownOrigin and OxCert Collaborate on Creative Challenge to Promote Artists and NFTs on the Blockchain

  18-07-2018 16:29 via feedproxy.google.com
  
  Art venture KnownOrigin and OxCert, an open-source permissionless protocol authenticating unique digital assets on the blockchain, are collaborating on a new creative challenge. The aim is to promote artists on the blockchain and the potential of non-fungible tokens (NFTs) at the upcoming NIFTY conference and hackathon in Hong Kong. NFTs are described as a special type of […]
  The post KnownOrigin and OxCert Collaborate on Creative Challenge to Promote Artists and NFTs on the Blo
  
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• Coinbase Walks Back Claim That SEC Approved Trio of Acquisitions

  18-07-2018 16:04
  Cryptocurrency exchange and brokerage giant Coinbase has walked back a claim that it had received explicit approval from the U.S. Securities and Exchange Commission (SEC) to acquire three companies as part of its future plans to list cryptocurrencies that are deemed securities under federal regulations. As CCN reported, the San Francisco-based company had announced earlier
  The post Coinbase Walks Back Claim That SEC Approved Trio of Acquisitions appeared first on CCN
  
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• Investor Buy Signal to ‘Make a Killing’ is the Next Bitcoin Death

  18-07-2018 16:00 via newsbtc.com
  An investment analyst has predicted the ‘death of Bitcoin’ articles will show the key moment to invest in Bitcoin. Following the ‘bubble popping’ over the last year, the analyst claims that this will be the buy signal for him and others to invest.
  No Such Thing as Bad Press
  Bitcoin has ‘died’ countless times according to the media. 99Bitcoins puts the figure at 306 deaths with quotes from each publication that has called it over for the digital currency. These
  
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• Baidu's Blockchain Photo App Launches With Its Own Token

  18-07-2018 16:00
  Chinese internet search giant Baidu has created a proprietary token to power its new blockchain-based photo validating and sharing service. 
  
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• New Extra-Simple Cryptocurrency Exchange for Canadians Launched in Toronto

  18-07-2018 15:56
  CoinSmart was "built by and for Canadians".
  
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• Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

  18-07-2018 15:56 via cointelegraph.com
  Billionaire investor Marc Lasry eyes a $40k Bitcoin valuation
  
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• Malwarebytes' Cybercrime Q2 2018 Report: Cryptojacking is Plateauing in Response to Markets

  18-07-2018 15:30 via cointelegraph.com
  Interest in cryptojacking is plateauing among cybercriminals in correlation with lower cryptocurrency market valuations, a new Malwarebytes Labs cybercrime report notes
  
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• IBM Backs a Dollar-Pegged Stablecoin Crypto Token on the Stellar Network

  18-07-2018 15:14
  Stronghold, a San Francisco-based financial institution that has been developing an asset agnostic payment and trade ecosystem, has launched an asset-backed token on the Stellar network, the first venture supported USD anchor for the network. Buyers of the coin will deposit U.S. dollars with Stronghold’s partner bank, Nevada-based Prime Trust, enabling Stronghold to issue the tokens
  The post IBM Backs a Dollar-Pegged Stablecoin Crypto Token on the Stellar Network appeared first on CCN
  
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• South Korea Plans Tax Perks for Blockchain Startups

  18-07-2018 15:00
  South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.
  
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• Mastercard Wins a Patent to Link Cryptocurrency With Fiat Accounts

  18-07-2018 14:47
  Mastercard has been granted a patent that grants it rights for a method for “managing fractional reserves of blockchain currency.” With Mastercard’s latest patent, we’re getting closer to using our cryptocurrency credit cards to purchase goods. According to the filing, the method addresses the storing of both fiat and cryptocurrencies under one profile. This means,
  The post Mastercard Wins a Patent to Link Cryptocurrency With Fiat Accounts appeared first on CCN
  
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• Wells Fargo Files Patent for Tokenization System to Protect Sensitive Data

  18-07-2018 14:22 via cointelegraph.com
  San-Francisco-based bank Wells Fargo has filed a patent for a tokenization system that would protect sensitive data in a flexible and content-neutral manner
  
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• Bank of America Reveals Blockchain Patent for External Data Validation, Cites Need for ‘Accurate Indication’ of Financial Standing

  18-07-2018 14:02 via cointelegraph.com
  This week has seen both Bank of America and MasterCard reveal new blockchain-related patents
  
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• Bank of America Reveals Blockchain Patent for External Data Validation

  18-07-2018 14:02 via cointelegraph.com
  This week has seen both Bank of America and MasterCard reveal new blockchain-related patents
  
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• Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked

  18-07-2018 14:00
  Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.
  
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• Bitcoin Mining Giant Bitmain is Tripling its Development Center in Israel

  18-07-2018 13:51
  Bitmain, the Chinese bitcoin mining giant valued at $12 billion, is cementing its presence in Israel by planning to triple its employees at its domestic development center. In an aggressive expansion of its research and development center in Ra’anana, a city in western Israel, Bitmain is looking to recruit over 40 employees to add its
  The post Bitcoin Mining Giant Bitmain is Tripling its Development Center in Israel appeared first on CCN
  
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• 5 Altcoins to Look Out For this Summer: NAGA, LTC, EOS, NEO and ADA

  18-07-2018 13:48 via newsbtc.com
  After a prolonged crypto winter, the dog days of the altcoin summer are finally here — which means you might want to watch these five cryptocurrencies carefully.
  NAGA COIN (NGC)
  First on the list of cryptos to look out for this summer is NAGA COIN (NGC).
  NAGA COIN is the token which powers the expansive and all-encompassing NAGA ecosystem — which itself includes the likes of NAGA TRADER, NAGA WALLET, and NAGA VIRTUAL. By that, we mean it is the decentralized utility token used for bo
  
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• Bitcoin Price Risks Pullback Before Testing $8K Again

  18-07-2018 13:00
  Bitcoin could witness a minor technical correction before rising to the $8,000 mark.
  
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• Analysis: Bitcoin Jumps By $1000 in One Hour – Is the Bear in Hibernation?

  18-07-2018 12:57
  Bitcoin had been losing value since the turn of 2018 - what is causing this second wind?
  
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